Wayzata, MN Real Estate
According to census data in the year 2000 there were 2,047 housing units in Wayzata.
This represents a 11.8% growth from 1,831 in 1990.
Of those housing units, 2,047 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Wayzata is about 60.4%.
Wayzata's vacancy rate, including seasonal lodging, is about 5.8%.
Average household size is 2.07 people.
The majority of houses, apartments or condos in Wayzata were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 22% |
| Two Bedrooms | 21.80% |
| Three Bedrooms | 34% |
| Four Bedrooms | 13.10% |
| Five Bedrooms or more | 7.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1959 |
| Median Value of occupied units | $281,700 |
| Median Price asked for vacant units | $65,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.52 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 1% |
| Second Mortgage | 8% |
| Home Equity Loan | 14% |
| Simple Mortgage | 42.90% |
| Debt Free | 34.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.3% |
